Weekly News Blast – 8th February 2024

Welcome to the GDCA Weekly News Blast! Check out the latest industry news from the GCC region below. Have any Middle East data centres news you’d like to share? Email yours to imogen@gulfdca.com with NEWS in the subject line.

Sponsor News

Duke McCaffrey

The Tech Capital interviews Joe McCaffrey at TDME 2023

At the GDCA’s 2023 Touchdown event last year, Joe McCaffrey, CEO of Duke McCaffrey, gives an insightful interview on how the data centre investment landscape has evolved in the GCC region…Read more

 

Industry News

Dubai

e&’s set to launch world’s largest sub-sea cable

In an effort to achieve greater connectivity across the region, the UAE based carrier, e&, are set to anchor the 2AFRICA subsea cable in the Kalba region of Fujairah. Spanning 45,000km, this will be the world’s largest subsea cable project, fostering interconnection between Europe, Asia, and Africa… Read more

RTA sign agreement with AWS

To best serve their customers, the Roads and Transport Authority (RTA) have entered an agreement with Amazon Web Services, allowing a smooth transition to cloud computing and enhancing their digital capabilities… Read more

 

Saudi Arabia

Dawiyat are awarded licence to build a cable landing station

Furthering their pledge to develop and foster the digital economy of Saudi Arabia, Dawiyat have announced their plans to build and operate subsea cables across the Kingdom. These new stations will deliver connectivity on a national and international level from telcos to hyperscalers…Read more

 

PIF announce launch of new tech company

Saudi Arabia’s Public Investment Fund (PIF) have recently launched their new tech company, Alat, in another step to diversify the Kingdom’s previously oil dependent economy. Predicted to create 39,000 new jobs and generate a GDP contribution of US$9.3 Bn by 2030, this ambitious initiative, focused on harnessing the Kingdom’s solar, wind, and hydrogen renewable energy, will be sure to push the country closer to their Vision 2030 finish line…Read more

Kingdom of Bahrain

Alliance Networks completes acquisition of new licence

Granted by the TRA, Alliance Networks have successful been granted an International Facilities License (IFL), allowing the company to partner with global players and deploy international subsea and terrestrial infrastructure across Bahrain. This move follows Alliance’s MoU with Centurion, announcing them a landing party for the TEAS cable system…Read more

 

 

 

Abu Dhabi

Khalifa Fund host their 11th SME Tribe Meetup

Led by pioneering Emirati entrepreneurs in the industrial sector, this annual conference created a platform to discuss how the UAE can best navigate and harness the exponential economic growth and innovation that the region is witnessing in the industrial sector…Read more

Middle East

Sovereign wealth funds lead Middle East M&As

Accounting for nearly 80% of deals last year, government backed funds are dominating the Middle Eastern business market. It is estimated that $81.7Bn of M&As were conducted/funded by the GCCs Sovereign Wealth Funds, brought about by the goal to remould ‘’the economic future of the Middle East, diversifying beyond oil and laying the groundwork for sustainable growth and prosperity’’, comments the consulting firm Bain&Co…Read more

We value your privacy
We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies. Read More